article thumbnail

It’s Not Easy Being Green: Cannabis Payments

PYMNTS

Seven other states have followed suit within the last five years, including the District of Columbia. That was one of the voices from the Innovation Project’s panel on “The State of Cannabis and Commerce in the U.S.,” They also pay their staff, pay their suppliers, pay their utility bills and pay their taxes.

Payments 123
article thumbnail

Building A More Compliant Cannabis Industry With The Blockchain

PYMNTS

Though marijuana has been decriminalized for medical or recreational purposes in 29 states (and the District of Columbia) and 64 percent of the polled voting population supports marijuana’s legalization, pot remains very much illegal on the federal level as a Schedule 1 narcotic.

article thumbnail

242 Startup Failure Post-Mortems

CB Insights

But overpriced, over-hyped hardware products weren’t the only “innovations” we said goodbye to: we also recently witnessed the deaths of startups working in mobile AR, e-commerce, digital media, and more. Title: Alberta Health Services shuts down innovative meal-sharing system. Product: Besomebody. Product: Scarf.

Company 78